I recently asked a friend with an EV if range anxiety is still an issue. His response is that solvency anxiety is a bigger issue. He raised Fisker and Lucid as two examples of companies that might expire before your car does.
The issue with Tesla is less that the company runs out of money but instead the ownership experience degrades far worse than you signed up for. Concrete examples that owners are already experiencing are resale values, repair costs and insurance prices being worse than expected.
The company disinvesting in its charging network and new cars is a sign things will get worse not better.
@carnage4life I searched for „why is elon musk still ceo of tesla“ and find nothing. The way he’s undoing the company‘s worth is painful to watch. Why do investors let him?
@carnage4life I remember before I bought my model 3 (in 2018) wondering about this same issue. I scoured the net and found posts by people who'd analyzed communications between the car and the mothership and were convincing that it was all not too complicated and both mapping and car network functions could likely be hacked into place with some python scripts on a rented server. Seemed reasonable enough.
There are enough of the cars out there that there'll be 3rd party repairs and parts.
Add comment